APA 0.55% $7.22 apa group

Also this is from Cooper Energy's Quarterly today: Development...

  1. 6,299 Posts.
    lightbulb Created with Sketch. 48
    Also this is from Cooper Energy's Quarterly today:
    Development
    Sole Gas Project
    The Sole Gas Project involves the development of the Sole gas field and upgrade of the Orbost Gas Processing Facility to supply approximately 24 PJ per annum from 2019. Cooper Energy is conducting the upstream component and will develop and connect the gas field. APA Group is undertaking the upgrade of the Orbost Gas Processing Plant to process gas from Sole.
    The upstream project involves the drilling and connection of two near-horizontal production wells, subsea wellheads and connection of the subsea pipeline and umbilical controls to the plant via a horizontal drilled shore crossing.

    First gas from Sole is expected to be delivered into the Orbost Gas Processing Plant in March 2019, on which basis first gas sales from the plant would be expected in the June quarter 2019. Approximately 186 PJ of the field’s proved and probable gas reserves of 249 PJ have been contracted for sale with the balance retained for future sales contracts.
    Sole Gas Project Progress
    Progress continues within schedule and budget, with the total project being 38% complete as at 31 March 2018.

    Key milestones and progress for the Sole Gas Project include:
    Horizontal Directional Drill (HDD) shore crossing for control umbilical and pipeline: the horizontal directional drilled shore crossing was completed during the quarter with the completion of the pipeline shore crossing.
    subsea wellhead trees: both wellhead subsea trees have been delivered to Australia.
    rig mobilsation: the Diamond Offshore Ocean Monarch drilling rig arrived at the Sole-3 drilling location on 29 April and as of the date of this report was running anchors prior to spudding the well;
    pre-spud preparations: including pre-lay of primary anchors and chains and mobilisation of equipment to the Melbourne shore base;
    subsea line pipe: welding of subsea pipe has commenced at a spooling base established by Subsea7 at Cribb Point, Victoria. Welding of the first 1.5 kilometre stalk was completed subsequent to the end of the quarter;
    control umbilical: manufacture by Technip is proceeding in the United Kingdom with the commencement of first pass armouring;
    Rig Safety Management Plan: Ocean Monarch Safety Case for Sole-3 and Sole-4 has been accepted by the regulator; and
    onshore project: Downer Group was contracted by APA Group to deliver the upgrade to the Orbost Gas Processing Plant, have mobilized to site and awarded the module steel fabrication contract. Early works which are nearing completion at the Orbost plant site include piling, underground services, drainage and concrete foundations.
 
watchlist Created with Sketch. Add APA (ASX) to my watchlist
(20min delay)
Last
$7.22
Change
-0.040(0.55%)
Mkt cap ! $9.776B
Open High Low Value Volume
$7.23 $7.24 $7.18 $23.38M 3.241M

Buyers (Bids)

No. Vol. Price($)
1 14969 $7.22
 

Sellers (Offers)

Price($) Vol. No.
$7.23 116337 6
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
APA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.